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General Discussion

applegrove

(118,677 posts)

1. Interest rates are low. Government can borrow at a lower rate than businesses.

Reply to JohnSJ (Original post)

Fri Sep 3, 2021, 05:33 AM

Sep 2021

Last edited Fri Sep 3, 2021, 06:10 AM - Edit history (1)

Now is the time to invest in things that give you a good return: subsidized early childhood daycare return on the dollar is $1.08. There is data on that. Return on investing in a greener economy will go to the younger generations. When people spend money in the US these days so much of it ends up in China that it doesn't overheat the economy. Supply chain restarting are what is causing the inflation these months.

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23 replies

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What will it take to move Manchin to approve the 3.5 trillion dollar reconciliation bill? [View all] JohnSJ Sep 2021 OP

Interest rates are low. Government can borrow at a lower rate than businesses. applegrove Sep 2021 #1

Yes, his arguments do not hold water. Inflation is not an issue, it is an an aberration from the JohnSJ Sep 2021 #2

Yes. applegrove Sep 2021 #6

Usually these problems get solved by throwing some more Tomconroy Sep 2021 #3

I hope it is that simple JohnSJ Sep 2021 #7

*trillion True Dough Sep 2021 #4

Thanks, not sure what I was thinking. Corrected now JohnSJ Sep 2021 #5

We have a September 15 deadline on this that Manchin voted on, and now Manchin throws this out JohnSJ Sep 2021 #8

Gosh, if only there was a group of people whose wealth continues to grow who could pay more taxes. femmedem Sep 2021 #9

They have built into the 3.5 reconciliation bill a way to pay for it, and his inflation argument JohnSJ Sep 2021 #11

A West Virginia hurricane or tornado? malaise Sep 2021 #10

I'm thinking he is more worried about his post Senate career than any legislation Walleye Sep 2021 #12

They will keep coming up with excuses because the real goal Chainfire Sep 2021 #13

That is what concerns me JohnSJ Sep 2021 #14

his daughter is ceo of a pharma company rdking647 Sep 2021 #15

That won't do a thing. Maybe giving some extra perks to his state, but I even doubt that JohnSJ Sep 2021 #17

Dig up some dirt somewhere. hamsterjill Sep 2021 #23

A 10% cut. Baitball Blogger Sep 2021 #16

He's so full of bovine excrement that it drips out of his ears. Roisin Ni Fiachra Sep 2021 #18

Except get enough of a majority in the Senate to make him irrelevant JohnSJ Sep 2021 #20

It will be less than $3 Trillion when it's passed Johnny2X2X Sep 2021 #19

Only 19% of our energy comes from coal, and it has been decreasing every year JohnSJ Sep 2021 #21

Intense, sustained pressure. Let him know his political career is over if he doesn't lagomorph777 Sep 2021 #22